Slovakia to allocate more funding to avoid rising prices of household energy

The Slovak government will give โ‚ฌ1.25 billion to energy aid next year in an effort to prevent a 20% increase in household electricity charges, Slovak Economy Minister Denisa Sakovรก said on Wednesday. The European Commission expected Slovakia will put a…

Germanyโ€™s Scholz downplays impact of โ€˜debt brakeโ€™ court ruling

German Chancellor Olaf Scholz was harshly criticised by the opposition after he downplayed his government’s declaration of emergency for the 2023 budget following the constitutional court’s ruling – as questions remain over how to fill the โ‚ฌ60 billion …

Lionโ€™s share of German โ‚ฌ200bn aid package to remain unused

Most of the โ‚ฌ200 billion euro energy aid package adopted by the German government last year will remain unused, German Finance Minister Christian Lindner said when presenting the draft budget for 2024 and long-term financial plans for the following yea…